Show WILL THE ROAD BE A FIZZLE present status of the san francisco and great salt lake considerable excitement was caused on tho the coast at the tile beginning of the week by the circulation of a rumor that tho the san francisco and great salt lake railroad project had been abandoned by its promoters on account of tho the apathy of those who should subscribe liberally to and work untiringly and unceasingly for the tile enterprise the matter lias has been taken up and discussed by w estern western newspapers new i and ind nearly everyone hag bas expressed fears and grave doubts tho the sin san francisco examiner in its issue of wednesday however denies the abandonment story and asserts that the tile project will w ill bo be pushed as of yore it says A rumor was afloat yester 5 esterday dar that the san francisco and sa salt lake railroad enterprise had collapsed from lack of capital and tho tile proper spirit among tho the people regarding girding re it one reason gen given was that only could be raised when at least was needed to form a capital tal before bonds would bo be issued and floated bcd to supply sufficient money to build the proposed pro proposed posey road this it was eaid said discouraged cou r raged age d promoters prom p promoters rom otera oters of the scheme who C complained om plain ed bi bitterly therl against local capitalists tali t refusing r f si aig to L take stepa steps toward tho the cn tion of a C competing railroad and furthermore that it caused them to abandon tit tho project daniel moyer wl who 0 is prominently identified wih willi the railroad I 1 scheme as its promoter treasurer and member of tho the board of managers denied the tile statements last evening that the company had collapsed or wag was about to do 10 so iio ile sud add there was no truth whatever in the rumors published the tile chronicle of the same date contains the following regarding the pro closed road there lias has been a discomfiting quietness for some weeks about the tile affairs of tho tile san francisco and great salt lake railroad it was learned yester 5 ester day from front one of tho tile originators that its collapse is imminent the sole cause of tho the non success la is the apathy of the community many who clamored loudly for foi a competing road became very shy when the th e subscription sub lists were presented to them and as a consequence the tile whole scheme is is on the verge of disso dissolution Tation A good deal of preliminary work was done in ili the line of surveying aid and in in this way about in round figures were expended tho the work of securing subscriptions was at once taken up and though many gentlemen kent lemen did much ll 11 c it to urge the matir scheme se acine and even so solicited I 1 in ill person only one third 0 of f tile sum quill which it was af agreed reed should be subscribed before floating the bonds could bo be got together even on paper it was agreed at the outset that si six months should bo be allowed forthe for the collection of tho the subscriptions the understanding being that if at the expiration of that term the money was not subscribed all would be released of their pledges to take stock there are still two and a half months of these six to run but the general apathy is such that tile promoters seem to feel that it w would be useless s to attempt to go any forthe r alvina hayward ayward II was one of the tile leading spirits in in the un undertaking der taking iio hogale gave both time and money but is is now quite discouraged he lie subscribed to start the subscriptions and agreed to take more stock as soon as a Fe general desire for the stock was shown |